Finding Accommodation in Spain
Securing a place to live is one of the most important steps in your move. Whether you choose to rent or buy, it’s important to understand how the Spanish property market works and what legal and financial checks should be completed before signing any agreement.
Renting vs. buying
When relocating to Spain, one of the key decisions you’ll face is whether to rent or purchase a home. Both options have advantages, and the right choice will depend on your long-term plans, financial goals, and lifestyle preferences.
Renting offers greater flexibility, especially for those new to the country or unsure of where they want to settle. Spanish rental contracts usually span a minimum of five years when signed with a private landlord, or seven years if the property is owned by a legal entity. That said, shorter rental agreements can be arranged by mutual consent.
Before signing a lease, it’s essential to:
- Confirm the contract is properly registered
- Understand your rights regarding rent increases, deposits, and renewal terms
- Specify the responsible party for utilities, maintenance, and community fees.
Buying property in Spain is a straightforward process for EU citizens, with no restrictions on ownership. However, the process involves multiple legal steps and financial commitments. It’s critical to carry out thorough due diligence before signing any contracts.
Along with the purchase price, buyers should plan for:
- Property transfer tax (6–10% for resale properties)
- Notary and legal fees
- VAT (IVA) on new-build homes
To protect your investment, it is strongly advised to seek legal guidance. At Tejada Solicitors, we offer a comprehensive real estate legal service designed to secure your transaction from start to finish. If needed, we can also serve as your power of attorney in Spain. Our due diligence includes:
- Title verification: We examine the property’s nota simple to confirm it is correctly registered and free from discrepancies.
- Debt and encumbrance checks: We verify that there are no outstanding mortgages, liens, or legal claims against the property.
- Occupancy verification: We confirm whether the property is vacant or legally occupied in accordance with your intended use.
- Structural and zoning assessments: Our in-house architect reviews the property’s physical condition and compliance with urban planning regulations.
- Tax and utility clearance: We confirm that all the taxes and utility bills are up-to-date to avoid inherited liabilities.
- Community association review: We investigate the homeowners’ association for unpaid fees or unresolved legal issues.
Whether you’re buying a holiday retreat, an investment property, or a permanent residence, our legal and tax professionals are here to ensure your purchase is legally sound, financially transparent, and stress-free.